| Index | Last | Var.(%) |
|---|---|---|
| BEL 20 | 2119.44 | 0.28 |
| DAX | 6339.94 | 0.38 |
| IBEX 30 | 6543 | 0.13 |
| CAC 40 | 3047.94 | 0.32 |
| FTSE 100 | 5351.53 | 0.03 |
| AEX | 292.76 | 0.23 |
| DJIA | 12454.83 | -0.60 |
| Nasdaq | 2837.53 | -0.07 |
| FTSE MIB | 13154.8 | 0.36 |
| TSX Composite | 11576.47 | 0.09 |
| ASX | 4081.2 | -0.61 |
| Hang seng | 18713.41 | 0.25 |
| Straits Times | 2772.75 | -0.24 |
| ISEQ 20 | 500.94 | 1.55 |
Text size
German construction materials group HeidelbergCement reported on Thursday higher sales and profits last year as cost-cutting efforts and mild weather helped cushion higher energy costs.
HeidelbergCement said in a statement that operating profit grew by 3.0 percent to 1.474 billion euros ($1.9 billion) last year on a 9.7-percent increase in sales to 12.902 billion euros.
In the fourth quarter alone, operating profit was up 6.9 percent at 410 million euros and sales jumped 13.8 percent to 3.282 billion euros.
The rise in both sales and profit "reflect the continued positive development in our growth markets, as well as the ongoing recovery in industrialised countries in North America and Europe," the statement said.
HeidelbergCement said its European business benefited from the mild weather both at the beginning and end of last year.
And cost-cutting measures helped lift operating profit "despite the stronger-than-expected rise in energy costs in the wake of the nuclear disaster in Fukushima, Japan," it said.
© 2012 AFP
Meet the most eligible internationals in Germany at Expatica Date!
Join Expatica's online community to reach out for expats just like you!
Access Numbers now for all your international calls. Same quality, lower rates. And best of all, you can start calling immediately. No signup, no registration. Try it now!
Want to move to Germany but haven’t figured out the details? Check out Expatica’s overview of the German permit system.
In part one of our two part series, we cover the driving culture in Berlin, where to park and buy gas and, most importantly, the laws.
Our comprehensive guide includes information on how to find work, recruitment agencies, employment contracts and labour law.